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Consumers revive South Korea's economy.

Publication: Market Asia Pacific
Publication Date: 01-JUN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Key observers are looking to consumer spending to accelerate South Korea's economic rebound. Moreover, notwithstanding that households will spend more during the second half of 2007, there are no concerns about inflationary pressures.

A May 11, 2007 update of the highly regarded Korean Development Institute's (KDI) review of the economy, was optimistic about the country's prospects. The KDI is a government owned think tank...

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